legislation: 102-hr-3168

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
102-hr-3168 102 hr 3168 To amend the Mineral Leasing Act to provide for leases of certain lands for oil and gas purposes. Energy 1991-08-01 1992-07-24 Placed on the Union Calendar, Calendar No. 412. House Rep. Campbell, Ben Nighthorse [D-CO-3] CO D C000077 2 Amends Federal law relating to Naval Petroleum Reserves to authorize the Secretary of Energy (the Secretary) to lease Federal lands inside a naval oil shale reserve to a private entity for petroleum exploration, development, and production. Requires the Secretary to use competitive bidding procedures in such leasing. Conditions the lease of such lands upon payment of a minimum royalty rate of at least 20 percent in amount or value of the production removed or sold from the lease. Directs the Secretary to reject any bid for a lease if the Secretary determines that the proposed royalty would be less than fair market value. Authorizes the Secretary to: (1) require all or any portion of the royalty to be paid in the form of petroleum produced under the lease; and (2) provide such petroleum to the Department of Defense at the request of the Secretary of Defense. Permits the lease of such Federal lands to include the transfer of wells, gathering lines, and related Federal equipment if the lessee assumes responsibility for maintenance, repair, or environmental restoration. Declares that certain statutory consultation and approval requirements do not apply to this lease. 2025-06-06T14:17:56Z  

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